CONTRACTUAL OBLIGATIONS ON TERMINATION OF BUSINESS ENTITIES IN THE AREA OF CORPORATE RELATIONS

Abstract

The article examines the contractual obligations that raises due to termination of business companies in the area of corporate relations. It is noted that legal relations of termination of business entities are complex. The mentioned relations also involve contractual legal relations. At the same time, the availability of contractual relations as part of the legal relationship of termination with succession can be considered as the only central issue in the area under study. It is emphasized that the need for further scientific analysis of contractual obligations on the termination of business entities in the area of corporate relations is due to the lack of established approaches to understanding of the contracts that mediate the relationship of termination with succession. The focus is on such contractual constructions within the relevant relations: 1) termination with succession as a transaction (agreement) of a special type; 2) cover of the legal nature of individual forms of termination with succession (merger and takeover) as a specific transaction (identification of merger (takeover) with the particular agreements); merger and takeover agreements which are concluded during the termination with succession under the Law of Ukraine “On Joint Stock Companies”; Law of Ukraine “On Limited and Additional Liability Companies” (reorganization agreements; termination agreements).